Thursday, April 28, 2016

Radisson Hotel Chain Is Latest U.S. Giant to Be Snapped Up By Chinese

(Hat tip: KimR) - A unit of Chinese conglomerate HNA Group has agreed to buy Carlson Hotels, which owns brands including Radisson and Country Inns and Suites, the latest in a flurry of overseas investments by Chinese companies. HNA Tourism Group will acquire all of Carlson Hotels Inc., the companies said in a joint statement released late Wednesday that did not disclose the purchase price. Read more at NBC News

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